Business Enterprise Valuation Showing Solvency Precludes Fraudulent Transfer Claims

Business Valuation UpdateVol. 7 No. 3
Legal and Court Case Update
March 2001

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bankruptcy
In re PWS Holding Corporation
228 F.3d 224, 2000 U.S. App LEXIS 23393
September 18, 2000
US
Federal Court
3rd Circuit
United States Court of Appeals
Harrison J. Goldin (court appointed)
Becker

Summary

The issue in this Chapter 11 reorganization plan appeal involved the court-appointed examiner's assessment of Bruno's Inc.'s leveraged recapitalization.

See Also

In re PWS Holding Corporation

Full Text of Court Cases
September 18, 2000

The 3rd Circuit affirmed an examiner's determination that debtors should be released from any fraudulent transfer claims arising from a leveraged recapitalization occurring two years before the bankruptcy.